InnoCan Pharma (TSE:INNO) has released an update.
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InnoCan Pharma has reported a substantial increase in their first quarter 2024 revenues, reaching $6.8 million, which signifies a growth of over 334% from the previous year, largely due to their subsidiary BI Sky Global Ltd. Gross profit also rose significantly by 338% to $6 million. The company is anticipating a pivotal FDA meeting in July to discuss the market introduction of their LPT-CBD technology for chronic pain management.
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